Penn Oaks offers 3 bedroom (1.5 or 2 bath) apartments in North Liberty that have recently been completely remodeled with new appliances and much more. We are on a bus route, next door to the city's library and rec center, and offer a basketball court, gazebo, and playground. Due to our Section 42 status, we cannot rent to households completely comprised of full-time students. Application fee: $25/adult over age 18 Security deposit: 1 month's rent Utilities included in your rent: Trash (resident pays: electric, gas, water & sewer) To qualify for an income restricted apartment at this property, your household's income must fall below the amount listed (in some cases, the income limits are lower than those listed). Please contact us for help clarifying what restrictions apply to the apartment you're interested in renting. Family Size — Income Limit* 1 — $48,180 2 — $55,020 3 — $61,920 4 — $68,760 5 — $74,280 6 — $79,800 7 — $85,320 8 — $90,780 Income limits effective June 1, 2024.